Pat Bailey, Broker

Pat Bailey, Broker

Smith Mountain Lake's Real Estate Expert. Call today… 540-874-5249

Pat Bailey, Broker
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What can your home rent for?

Here is an example of a typical 3-4 bedroom home. For a detailed analysis of your home, call us at 540-874-5249.

        
Rental Analysisfor:
Rental Income
Summer Weekly2,500Summer Nightly420
July 4th Week2,750460
Spring / Fall Weekly1,667Spring / Fall Nightly280
Winter Weekly1,250Winter Nightly210
Holiday1,875Holiday Nightly315
Short Term Vacation ONLYLong Term Yearly ONLYShort / Long Term Combo
9 Summer Weeks22,500Long Term Monthly Rate1,5009 Summer Weeks22,500
4 Spring / Fall Weeks6,66712 Months Rental Income18,0001 Holiday Week1,875
4 Winter Weeks5,00015% Commission2,70022% Commission5,363
1 Holiday Week1,875
Net Rental Income36,042Net Rental Income15,300Net Short Term Income19,013
22% Commission7,929
reduces 1% annually down to 17% Tenant Pays UtilitiesUtilities at $300/mo x 6 months1,800
Net Rental Income28,113Tenant Maintains Lawn
Utilities at $300/mo x 12 months2,640POA DuesActual Short Term Income17,213
Lawn maintenance ($150 mo x 5)750Actual Rental Income14,100
6 Months Winter Long Term7,500
Actual Rental Income24,723(winter month = 1/2 summer week)
15% Commission1,125
Actual Long Term Income6,375
Actual Short & Long Term Income23,588

Listings

6 Listings
1019 Mariners WAY, 34, Huddleston, VA 24104

$249,900 2 beds  2 baths  1,290 sqft 1019 Mariners WAY, 34
Huddleston, VA 24104

1360 Hermitage CIR, Huddleston, VA 24104

$579,900 2 beds  2 baths  1,836 sqft 1360 Hermitage CIR
Huddleston, VA 24104

Dock at the lot

$359,900 Lot 33 Park Place DR
Moneta, VA 24121

Home from water

$579,900 5 beds  4 baths  2,738 sqft 16448 Moneta RD
Moneta, VA 24121

Home from water

$899,900 3 beds  3.1 baths  4,646 sqft 340 Winding Waters DR
Moneta, VA 24121

Street view of home

$579,900 4 beds  4 baths  2,968 sqft 16416 Moneta RD
Moneta, VA 24121

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Average Sold Price

  • 641971.05,353620.17,444687.09,481451.72,439666.67,500483.97,478434.40,549635.15,547012.74,663542.83,535032.14,547735.69

Information is deemed to be reliable, but is not guaranteed. © 2021

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